FOR SALE
$550,000

59 Railway Terrace
Tailem Bend SA 5260

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 380m2
Land area: 1011m2
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Options Galore, Entrepreneurs Welcome!

Situated in the heart of the iconic main street of Tailem Bend, this property is ripe for the picking for those seeking an opportunity to secure a well-appointed premises with options for a multitude of uses.
-Zoned 'Township Activity Centre' and offering a range of commercial and residential uses (STCC)
-Double road frontage allotment of over 1000m2, 20m front and back
-Attractive street appeal and with a track record of successful business use
-Facilities aimed at the food sector, plus ample office and storage space OR easily converted to residential 3 bedroom property (STCC)
-Massive rear workshop of approximately 112m2 with simple drive in access and toilet
-Additional 6m x 8m shed, ideal for the motor enthusiast or collector
-Fully fenced, alarmed, solar panels, rainwater, and much more.
Perfectly suited to those simply looking to lease out, owner operate, live in, or put their own touch on!

Property Details for 59 Railway Tce, Tailem Bend

Building Type
Commercial
Floor Size
380m2
Land Size
1011m2

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About Tailem Bend 5260

The size of Tailem Bend is approximately 241.3 square kilometres. It has 11 parks covering nearly 1.6% of total area. The population of Tailem Bend in 2011 was 1,803 people. By 2016 the population was 1,633 showing a population decline of 9.4% in the area during that time. The predominant age group in Tailem Bend is 50-59 years. Households in Tailem Bend are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tailem Bend work in a labourer occupation. In 2011, 76.9% of the homes in Tailem Bend were owner-occupied compared with 73.2% in 2016.

Tailem Bend has 1,284 properties. Over the last 5 years, Houses in Tailem Bend have seen a 91.20% increase in median value, while Units have seen a 100.65% increase. As at 31 October 2024:

  • The median value for Houses in Tailem Bend is $351,944 while the median value for Units is $449,135.
  • Houses have a median rent of $365.
There are currently 9 properties listed for sale, and 1 property listed for rent in Tailem bend on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Tailem bend.

Suburb Insights for Tailem Bend 5260

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Michael Cox
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John DeMichele
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Raine & Horne Murraylands
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.